Additional Oil Spill Response Organisation insurance can be provided for contracts where the liability regime is more onerous than permitted under International Group guidelines, as well as pollution general average cover for charterparties such as in the Exxonvoy 90, where preventive pollution costs cannot be passed on to charterers or cargo owners and so remain your responsibility.
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The region comprising Latin America and the Caribbean is a busy one for the UK P&I Club. Some prominent Members have a large number of tons entered with the Club and have this region as their principal place of business. Moreover, many of the Club’s entered ships frequently call at Latin American and Caribbean ports regardless of where the Member is based, which can undoubtedly be anywhere in the world.
A Solution to Pollution
An oil spill is an ‘all hands-on deck!’ moment, inviting everyone from insurers, charterers, owners, the U.S. Coast Guard, local and state authorities, property, and ecological interests, and more to get involved. Tying all these parties together is the Oil Pollution Act of 1990 (‘OPA’).
Loading grain cargo in the Pacific Northwest
Loading grains in the Pacific Northwest can be a real test of patience. For shipowners not familiar with the Pacific Northwest, where it rains approximately 150 to 180 days per year, with rainfall totals averaging 40 inches per year, it is important to maximise loading during periods of light rain and to prevent vessel delays while avoiding moisture damage to the cargo during periods of moderate to heavy rain.
Circular 05/23: Russian Oil Price Cap update: Reporting requirements, Evasion alert and Russian origin bunkers
On 4 December 2022, the UK Government issued General Licence INT/2022/2469656 (“GL”) to implement the EU/G7 price cap in respect of Russian origin crude oil, which was amended on 3 February 2023 to implement the separate price cap in respect of petroleum products.